Oil prices have dropped again!

On December 6, according to the National Development and Reform Commission, following the changes in oil prices in the international market, the price was lowered for the ninth time this year. Gasoline and diesel prices were reduced by 440 yuan and 425 yuan per ton respectively. It is reported that this round of price adjustment will be implemented from 24:00 on December 5, 2022. If there is no accident, it should be the last oil price adjustment this year.

Currently, international market prices are volatile, leading to constant adjustments in the trading prices of many global commodities, which are related to life and travel, and gasoline and diesel are the parts that people pay the most attention to. According to the latest news, domestic oil prices have ushered in a new round of adjustments. No. 92/95 gasoline has dropped by 0.35 yuan and 0.37 yuan respectively, and No. 0 diesel has dropped by 0.36 yuan. The adjustment rate is in line with earlier expectations. At the same time, this round of price adjustment is also the biggest drop in the second half of this year. The New Year’s Day and Spring Festival holidays are approaching, which is good news for many car owners who plan to travel or return home.

The frequency of oil price adjustments this year is quite high, mainly due to the impact of crude oil futures in the United States, the United Kingdom and other countries. The excessive inventory of refined oil products in the United States has also made a considerable contribution to the decline in oil prices. Of course, judging from some recent international policies and changes, as the International Energy Agency predicts that due to the embargo and price caps in the first quarter of next year, Russia’s crude oil production may decrease by 2 million barrels per day, even if countries dominated by the United States have many Refined oil inventories may also be difficult to cope with the market situation of a sharp drop in production. However, according to the latest oil price, the capacity of an ordinary family car is 50L, and it is 17.5 yuan cheaper than the previous adjustment when it is filled with No. 92 gasoline, which is quite cost-effective.